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How to Spot an Online Scam

How to Spot an Online ScamA lot of people are afraid to engage in any small time businesses nowadays because of the high rates of scam. According to the Fraud Research Center, fraud is enacted on different methods – 27% on print, 22% on the internet, 21% on TV/radio, and 8.4% on telemarketers.

Online scams rank second on the list knowing the internet is now the most used method of communication. Yet, the online world offers a lot of things; may you be a businessman or a mere shopper. As a matter of fact, the internet lets you save time and effort in your business or personal transactions. Sad to say, there are just a lot of people out there who ride with the technology.

As a responsible online user, you just have to be aware of the tactics some of these scammers do. To prevent from being fooled, it is important to detect how scammers do their thing online. Here are some ways to spot internet scams:

Contact information missing

When you open a website, see to it you can read on the page of their contact information. Legitimate sites would always place an About Us section on their webpage to let viewers know who they are.

Make sure you find the company’s name, address, and contact numbers. Online scams usually don’t expose their full information to prevent their victims to come after them.

Asks for upfront payment

Majority of the scams online usually asks for an upfront fee prior to sign up. This is the usual way on how scams gain money. Legitimate sites shouldn’t ask for money without you even starting anything, not even for training purposes from them.

Also, beware of online fraud that asks for your credit card information or any bank information. They may use it against you for hacking purposes on your online bank accounts.

Suspicious emails

Be careful in opening emails especially from a sender not familiar to you. You may get tricked on believing on messages that gives you very good offers. Some hackers even use subjects from legitimate online websites like Yahoo or Google.

If there are any legitimate offers on your email, it should be addressed directly on your name and not have a common greeting like “Dear Customer.” Scammers usually send a lot of emails to everyone through automated system to make it easier for them.

Too-good-to-be-true offers

Have you heard of offers like, “Sign up now and get $100!” or “You have won $1000!” is obviously a scam that you should not fall for. These are offers that seem very catchy for you but in reality gives you nothing in return.

Some of these online scam sites even lure you to click on pop-up boxes because of free gifts. But in actual, no gifts await for you but instead, you have to pay a fee again and the list goes on.

Anything that tells you to be rich overnight is a fly by company that does nothing but fraudulent acts.

More often than not, the internet gives very enticing offers every now and then. Some are true and some are not. It is up to you to believe but always remember the tips above if you feel you are not sure of what you are seeing.